Boeing announced that it will be shifting its global headquarters from Chicago to the Washington DC metro area.

In a release from the American aircraft manufacturer, Boeing stated its Arlington, Virginia campus – located outside of Washington DC – will serve as the company's global headquarters.

Along with the aerospace and defense firm's employees in the region role for Boeing including supporting various corporate functions, Boeing plans to develop a research and technology hub in the area to build and attract engineering and technical capabilities.

"The future of Boeing is digital," said Greg Hyslop, Boeing's chief engineer and executive vice president of Engineering, Test and Technology. "Focusing our R&D and talent development in areas that support digital innovation will fuel the introduction of cutting-edge capabilities. This new hub in Northern Virginia will follow the successful implementation of this technology strategy in other regions."

The location will also be closer to major customers and stakeholders.

"We are excited to build on our foundation here in Northern Virginia. The region makes strategic sense for our global headquarters given its proximity to our customers and stakeholders, and its access to world-class engineering and technical talent," said Boeing President and Chief Executive Officer Dave Calhoun.

While shifting its global headquarters, Boeing stated it will maintain a significant presence at its Chicago location and surrounding region. As Boeing implemented flexible and virtual working situations for employees, there has been less office space needs for its Chicago-based employees.

With its relocation of its corporate headquarters, Boeing will maintain the current bases of its three business units – Boeing Commercial Airplanes in Seattle, Washington; Boeing Global Services in Plano, Texas; and Boeing Defense, Space, and Security which is also located at Arlington, Virginia.

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